energy transition

Enel to add 43GW of solar by 2030 as part of US$ 191bn strategy
Italian energy Enel will certainly invest around EUR70 billion (US$ 78 billion) by 2030 to scale up its renewables as well as energy storage portfolio as it brings forward plans to get to net zero to 2040.
Nov 24, 2021 // Markets & Finance News, ENERGY STORAGE, Enel, enel green power, energy transition, utility, EnergyStorageEU
Indonesia to mount 4.7 GW of solar by 2030 under decarbonisation strategy
Indonesia is aiming to deploy an extra 4,680 MW of solar by 2030 as part of efforts to get to internet no carbon exhausts by 2060.
Oct 6, 2021 // Markets & Finance News, Grids, Asia, Indonesia, energy transition, decarbonisation, PLN, deployment target
Illinois climate bill to sustain virtually 10GW of solar PV by 2030
The Senate of Illinois has passed regulations that will commit the US state to getting to 50% renewables by 2040 and 100% carbon-free electrical energy by 2045.
Sep 15, 2021 // Markets & Finance News, USA, SEIA, ENERGY STORAGE, North America, Illinois, energy transition, legislation, renewable portfolio standards
Iraq contracts PowerChina to construct 2GW of solar PV
Iraq has authorized an agreement with PowerChina for the construction of 2GW of solar projects as it progresses with initiatives to increase PV ability.
Aug 26, 2021 // Plants, Powerchina, Asia, middle east, energy transition, decarbonisation, Iraq
Uzbekistan readied to raise solar targets after low cost in current tenders
Uzbekistan is taking into consideration raising its 2030 renewables implementation targets complying with the success of solar tenders accomplished in the last 2 years.
Aug 11, 2021 // Markets & Finance News, Asia, Uzbekistan, energy transition, deployment target, PV tender
India's Reliance intends to enable at the very least 100GW of solar through new renewables push
Indian corporation Reliance Industries will create an incorporated PV module factory as well as look to enable greater than 100GW of solar by 2030 as part of a US$ 10.1 billion clean power strategy.
Jun 26, 2021 // Manufacturing News, ENERGY STORAGE, India, Asia, green hydrogen, energy transition, module manufacturing, reliance group, Reliance Industries
PV to drive renewables investing growth in 2021 however complete investment far from net no path-- IEA
Renewables are readied to make up 70% of international financial investment in new power generation capacity this year with solar PV leading the development, but investing on clean energy have to increase much more swiftly if the world is to fulfill its environment objectives.
Jun 2, 2021 // Markets & Finance News, solar finance, IEA, energy transition, solar investment, covid-19 recovery, International Energy Agency
Sembcorp targets 10GW of installed renewables ability by 2025
A new strategic plan from Sembcorp Industries will certainly see the Singapore-based energy business aim to boost its renewables ability virtually fourfold to 10GW by 2025.
May 28, 2021 // Plants, ENERGY STORAGE, Asia, Singapore, sembcorp industries, energy transition, sembcorp, net zero, Wong Kim Yin
EU needs to go for 45% renewable energy and 870GW of set up solar by 2030, SPE says
Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to a minimum of 45% by 2030, a relocate says would certainly put the bloc on course to supply on the 1.5 ° Paris Agreement scenario.
May 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Policy, Europe, European Union, energy transition, paris agreement
Engie to establish 2GW renewable energy portfolio in Chile by 2025
Engie has actually increased its renewables release targets in Chile as part of strategies to finish its coal-fired generation activities in the nation by 2025.
Apr 29, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Engie, Chile, South america, energy transition, utility, coal decommissioning, Catherine MacGregor
Global energy transition 'requires to enhance momentum' to get to climate goals
Despite lots of net-zero targets being introduced and also deployment of renewable resource ramping up worldwide over the past year, just 10% of nations have revealed "stable and also constant" progression in their energy transition plans, according to a new report from the World Economic Forum (WEF).
Apr 23, 2021 // Markets & Finance News, Policy, Sweden, UK, Europe, BloombergNEF, DNV GL, Denmark, WEF, renewable energy target, Norway, japan solar, energy transition, Ember, paris agreement, global solar council, energy transition index
Biden devotes to halving United States discharges in week of new climate promises
Head Of State Joe Biden has actually said this is the "definitive decade" for combating climate modification, as he unveiled a new goal to a minimum of half United States exhausts by 2030.
Apr 23, 2021 // Policy, UK, Europe, European Union, Joe Biden, energy transition, ACORE, paris agreement, carbon emissions, decarbonsiation
Australia's AGL prepares restructure to produce 2 separate energy services
Australian utility AGL Energy has actually recommended a structural separation of the company that would entail the development of two separate services: one focused on energy retail and also the other on massive power supply.
Mar 31, 2021 // Markets & Finance News, Australia, Oceania, coal, energy transition, utility, Brett Redman, Retail, AGL
Solar and wind displace coal in 2020 however shift 'taking place far too slowly'-- Ember
Regardless of added solar and wind adding to a record reduction in global coal generation last year, brand-new renewable resource projects are still not being constructed swiftly enough to equal rising electricity need.
Mar 29, 2021 // Markets & Finance News, Germany, China, Europe, Asia, Market research, energy transition, coal replacement, net zero, Ember, paris agreement, Dave Jones
Total Solarizes L'Oréal's First Industrial Site in France
Total, via its associate Total Quadran, among the leading renewables gamers in France, announces the commissioning of the solarization project at L'Oréal's Vichy production plant. The project includes solar car park awnings and fee points for electrical cars.
Mar 23, 2021 // Plants, Total, green electricity, photovoltaic, energy transition, total quadran, Thierry Muller